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Moscow Supplies 80% of Kiev’s Gas

Moscow Supplies 80% of Kiev’s GasMoscow Supplies 80% of Kiev’s Gas

Ukraine has imported more than 1.4 billion cubic meters of Russian gas since it resumed purchases from Russia on October 12, spokesman of the country’s gas pipeline operator Ukrtransgaz Maxim Belyavsky said.

"In 24 days of October, Ukraine imported 1.7 bcm of natural gas for its consumers, with more than 80%, or 1.4 bcm, supplied from the Russian Federation," he told TASS on Monday. Belyavsky added that the remaining volumes of gas were delivered from the countries of the European Union.

Ukraine’s daily imports from Russia stand at 110 million cubic meters, from Slokavia at 14.3 mcm, and from Hungary and Poland at a total of 0.6 mcm.

The country has more than 16.8 bcm of natural gas stored in its underground storage facilities, which is 2% more than it had on the same date last year.

Earlier, Ukraine’s state gas company Naftogaz transferred $370 million to Russian gas giant Gazprom as prepayment for gas supplies as part of a $500-million payment.

According to Vladimir Demchishin, the country’s minister of energy and coal industry, Ukraine will finalize the planned purchase of 2.2 bcm of Russian gas by the end of October.

 

Financialtribune.com